Replies to post #290586 on Kraig Biocraft Laboratories Inc (KBLB)

[WebSlinger]

<< Is this Le and Kumar? Or are they employees? >>

Ken Le is an employee.

"On July 3, 2019, the board of directors appointed Mr. Kenneth Le as the Company’s Director of Government relations and President of Prodigy Textiles. "

Nirmal Kumar is a consultant.

"Dr. Nirmal Kumar joined the Kraig Labs team as a senior consultant in November of 2023"

[arachnodude]

Sigh. It’s called building a company.
I get that some people on this board have never seen what that actually looks like — and that’s fine.

But if you can’t handle being invested in a company moving toward commercialization instead of one that’s already commercialized, then maybe your portfolio needs a re-route.

Just a heads-up though:
Those fully commercial companies you think you want?
They don’t reveal their consultants either.

So if that’s your deal-breaker, you’re gonna be disappointed everywhere.

[jealmc79]

I think Kumar probably received the other $137,644 listed as consultant fees. 24/7(Karoulus) probably got the rest. Here's an exert from their disclosures, note the last sentence and also the timing of the delivery of the shares(July 2025):

247market news expects to receive compensation for ongoing coverage of Kraig Labs, which could be up to twenty-five thousand dollars per month from Karolus whom has been contracted directly from the company and received restricted shares and cash as part of that contractual agreement. Karolus has been contracted for services multiple times over the years and has sold its previously contracted restricted shares. Karolus will not be trading in the market for the next six months or until June 2025.

So, bring it on Arachnodud, blow some more smoke up my ass.